Casket And Funeral Supply Association Of America Inc
- Assets
- $375.0k
- Revenue
- $232.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 08/1955
- Data as of
- 05/2024
- EIN
- 31-0235210
Organization Overview
Casket And Funeral Supply Association Of America Inc is located in Indianapolis, IN. The organization was established in 1955. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is the central organization for a national or regional group of organizations. Casket And Funeral Supply Association Of America Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 05/2024, Casket And Funeral Supply Association Of America Inc generated $232.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $273.7k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (8.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE CASKET AND FUNERAL SUPPLY ASSOCIATION OF AMERICA WAS ESTABLISHED TO PROMOTE THE WELL BEING OF FUNERAL SUPPLY COMPANIES. THE ASSOCIATION PROMOTES COMMUNICATION AND FELLOWSHIP WITHIN THE INDUSTRY WHILE PROVIDING SERVICES NECESSARY TO ASSIST ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND SEMINARS - ARE RELATED TO ISSUES FOR THE INDUSTRY AND ARE ATTENDED BY MEMBERS AND NON-MEMBERS.
NEWSLETTER- THE CFSA PUBLISHES IT MONTHLY. IT IS SENT TO ALL MEMBERS, MORTUARY COLLEGES, TRADE PUBLICATIONS AND A FEW VIPS (FORMER CFSA PRESIDENTS WHO SOLD THEIR COMPANIES, KEY INDUSTRY PEOPLE, ETC). THE NEWSLETTER CONTAINS ARTICLES ABOUT FUNERAL SUPPLIERS, FUNERAL SERVICE TRENDS, FACTORS THAT MIGHT IMPACT SUPPLIERS, DEATH AND CREMATION RATES.BUSINESS OPERATIONS BENCHMARKING SURVEY & REPORT - IN-DEPTH SURVEY IDENTIFYING TRENDS AND BEST PRACTICES IN MANUFACTURING, HR OPERATIONS, EMPLOYEE COMPENSATION & BENEFITS, PRODUCT DISTRIBUTION, SUPPLY CHAIN STRENGTH. SURVEY STILL OPEN AS OF THIS DATE. WE EXPECT TO START DOING DATA ANALYSIS Q1 OF 2024.
THE FUNERAL HOME CREDIT GUIDE COMPILES AGGREGATE PAYMENT HISTORIES OF FUNERAL HOME CUSTOMERS AS REPORTED BY MEMBERS. THE ONLINE DATA IS AVAILABLE TO ALL MEMBERS IN GOOD STANDING. DATA IS UPDATED BY THE MEMBERS AS THEY SEE FIT, AS THEY CAN UPLOAD THEIR PAYMENT EXPERIENCES WHENEVER THEY CHOOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Beavers President | OfficerTrustee | 3 | $0 |
Charles-Olivier Dumont Vice President | OfficerTrustee | 1 | $0 |
Lori Eanes Treasurer 6.23-3.24 | OfficerTrustee | 1 | $0 |
Matt Hockett Treasurer 4.24-5.24 | OfficerTrustee | 1 | $0 |
Timothy J Murphy Cae Secretary, CEO | OfficerTrustee | 40 | $0 |
Justin Thacker Past President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $214,024 |
| Investment income | $11,308 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $232,946 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $197,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,142 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $928 |
| Information technology | $7,498 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $941 |
| All other expenses | $256 |
| Total functional expenses | $273,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,615 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,640 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $315,705 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $374,960 |
| Accounts payable and accrued expenses | $82,740 |
| Grants payable | $0 |
| Deferred revenue | $52,899 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $135,639 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $239,321 |
| Total liabilities and net assets/fund balances | $374,960 |